Data elements are the core engine of digital economy development

With the progress of digital technology, the collection, storage, processing, circulation, analysis and application of data are developing rapidly. For example, blockchain technology promotes the secure sharing of data elements across departments, privacy-protected computing technology can realize "data available but not visible, use controllable and measurable" under the premise of fully protecting data and privacy miner s19 prosecurity, and big data technology has greatly expanded the application space of data analysis and processing. Digital technology allows more and more consumers and enterprises to access and use big data. When digital technology is integrated into the production, distribution and consumption chain as a basic management tool, more and more enterprises begin to shift from manager-led empirical decision-making to a scientific decision-making model that highly relies on data analysis results, i.e. "data-driven decision-making".

In the data factorization stage, digital technology and data factors jointly drive the development of digital economy, and data factors become key production factors. With the development of digital platform, data can be automated, modeled, and continuously acquired online in real time, automating data flow, and the marginal cost of data replication and transmission is almost zero. The larger and more diverse the data, the more information and knowledge it generates, showing an incremental payoff for scale.gtx 1080 ti mining The data factor not only promotes the revolutionary fusion and fission of traditional production factors and thus generates multiplier effect, but also improves the allocation efficiency of traditional factors and drives the economy to accelerate innovation and development. Therefore, with the support of digital technology, data factors have the typical characteristics of key factors of production, and ultimately, data factors become the core engine of digital economy prosperity.

With the deep integration of China's digital technology with the real economy and the continuous development and growth of the big data industry, the attributes of data as a key factor of production are constantly highlighted. Data gtx 1080 miningelements as the core engine to promote the deepening development of the digital economy is an inevitable choice to strengthen, improve and expand China's digital economy.

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